03 April 2012 02:34 [Source: ICIS news]
SAN ANTONIO, Texas (ICIS)--Huntsman plans to increase ethylene oxide capacity at its Port Neches plant in Texas, the company’s chief executive said on Monday.
The company will soon announce a 250m lb/year (113,000 tonne/year) expansion at Port Neches, said CEO Peter Huntsman on the sidelines of the International Petrochemical Conference (IPC) in San Antonio.
The plant has a current EO capacity of 460,000 tonnes/year, according to ICIS plants and projects.
The company is looking to take advantage of low natural gas and natural gas liquids costs in North America, Huntsman said.
The EO will be used to produce amines and surfactants, he said.
“I think we will be announcing a series of expansions in North America that we otherwise would not have been announcing two or three years ago,” he said.
“We are also looking at our polyurethanes [PU] business to take advantage of our low cost gas and gas raw materials, utilities and so forth,” he continued. “I think the US will in a position of being an exporter in the petrochemical industry, short of massive government intervention.”
Hosted by American Fuels & Petrochemicals Manufacturers (AFPM), the IPC continues through Tuesday.
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